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Asian stock markets claw back some early losses, Middle East crisis remains major concern
Stock markets in Asia have recovered a majority of their early losses, but are still significantly down as the exchange of attacks between the United States (US) and Iran has escalated the Middle East crisis.Fxstreet
Thu, May 28
US sanctions Persian Gulf Strait Authority in an attempt to discourage Tehran's authority
The United States (US) Treasury Department said on Wednesday that it has sanctioned the Persian Gulf Strait Authority, the body Iran has set up to manage the Strait of Hormuz, the conduit for about a fifth of the global oil supply.Fxstreet
Thu, May 28
RBNZ's Breman talks hike, votes hold
Reserve Bank of New Zealand (RBNZ) Governor Anna Breman's commentary was exactly what you'd expect from a central banker who just held rates while half her own committee voted to hike: a tidy list of reasons the bank is right to do nothing today, paired with a tidy list of reasons it will absolutelyFxstreet
Wed, May 27
Banxico slashes 2026 GDP forecast, sees inflation rising
The Bank of Mexico released its Q1 2026 report, which revised down 2026 GDP growth from 1.6% to 1.1%. The Mexican institution blamed a “considerably weaker” first-quarter performance, warning that investment could remain weak at least until the second half of 2026.
Fxstreet
Wed, May 27
APAC: Hawkish surprises fail to lift front end – BNY
BNY’s Geoff Yu says APAC’s hawkish rate surprises, including Sri Lanka’s 100 bp hike, have failed to revive front-end fixed income flows. Sub-1y flows remain negative, while higher US rate expectations and import bills keep IDR, INR and North Asia FX under pressure.Fxstreet
Wed, May 27
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Today’s Market Recap: Nasdaq Falls Over 5%, AI Stocks Plunge as Nvidia Drops Over 9%, Micron Falls Over 17%, SanDisk Drops Over 22%
Nasdaq Drops Over 5%, Philadelphia Semiconductor Index Plunges 12% as Chip and AI Infrastructure Stocks Are Sold Off; Micron Falls 17%, Nvidia Drops 9%
US Nonfarm Payrolls expected to pick up in October
US October Nonfarm Payrolls Preview: Can Employment Rebound? US Stocks, Dollar and Gold Face Key Test
SpaceX Falls Over 9%, Down Nearly 30% From October High; Musk Reposts Investor Analysis on Texas Proposed Pause on New Data Center Approvals
Market Movers
Cloudflare Inc Stock (NET) Closed Up by 9.91% on Nov 6: What Investors Need To Know
4 minutes ago
NET
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Abbott Laboratories Stock (ABT) Closed Down by 3.23% on Nov 6: What Investors Need To Know
13 minutes ago
ABT
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ASE Technology Holding Co Ltd Stock (ASX) Closed Up by 6.43% on Nov 6: Facts Behind the Movement
14 minutes ago
ASX
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